Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund (NYSE:EOD) Shares Shorted: Short Interest Up 62.0% in September

Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund (NYSE:EOD) was the target of a large growth in short interest during the month of September. As of September 15th, there was short interest totaling 37,367 shares, a growth of 62.0% from the August 31st total of 23,067 shares. Based on an average daily trading volume, of 108,441 shares, the days-to-cover ratio is currently 0.3 days.

Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund Stock Performance

NYSE:EOD opened at $6.34 on Friday. Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund has a 12-month low of $5.51 and a 12-month high of $6.74. The company’s 50-day moving average is $6.55 and its two-hundred day moving average is $6.41.

Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, October 1st. Stockholders of record on Friday, September 11th were issued a $0.1482 dividend. This is a positive change from Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund’s previous quarterly dividend of $0.1421. The ex-dividend date was Friday, September 11th. This represents a $0.59 dividend on an annualized basis and a dividend yield of 9.4%.

Institutional Investors Weigh In On Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund

Several institutional investors and hedge funds have recently modified their holdings of EOD. Ameritas Advisory Services LLC grew its holdings in Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund by 42.8% during the 2nd quarter. Ameritas Advisory Services LLC now owns 18,570 shares of the closed-end fund’s stock worth $121,000 after acquiring an additional 5,570 shares in the last quarter. Concorde Asset Management LLC bought a new stake in shares of Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund in the 2nd quarter worth approximately $132,000. Harbour Wealth Management Group Inc. bought a new position in shares of Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund during the fourth quarter worth about $117,000. PNC Financial Services Group Inc. boosted its stake in Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund by 6.8% during the 1st quarter. PNC Financial Services Group Inc. now owns 25,150 shares of the closed-end fund’s stock valued at $147,000 after purchasing an additional 1,600 shares during the period. Finally, Kane Investment Management Inc. boosted its position in shares of Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund by 101.2% during the fourth quarter. Kane Investment Management Inc. now owns 34,099 shares of the closed-end fund’s stock worth $199,000 after buying an additional 17,149 shares during the period.

About Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund

Wells Fargo Advantage Funds – Allspring Global Dividend Opportunity Fund is a closed-end investment fund traded on the New York Stock Exchange under the symbol EOD. The fund seeks to provide investors with a high level of current income and long-term growth of capital by investing primarily in dividend-paying securities issued by companies around the world.

The fund’s portfolio may include common stocks and other equity-related investments across a range of industries, countries and regions.